The sideways and tight range keeps dominating the EURUSD pair’s trading, while the EMA50 forms continuous negative pressure against the price, thus, no change to the expected bearish trend scenario for the upcoming period, which depends on the price stability below 1.1180, while its main targets begin at 1.1100 and extend to 1.1000.
The expected trading range for today is between 1.1040 support and 1.1200 resistance.
The expected trend for today: Bearish